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STMicroelectronics Pronounces Standing of Widespread Share Repurchase Program
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STMicroelectronics declares full particulars of its frequent share repurchase program (the “Program”) disclosed by way of a press launch dated July 1, 2021. The Program was permitted by a shareholder decision dated Could 27, 2021, and by the supervisory board.
STMicroelectronics declares the repurchase (by a dealer performing for the Firm) on the regulated market of Euronext Paris, within the interval between Sep 05, 2022, to Sep 09, 2022 (the “Interval”), of 253,062 extraordinary shares (equal to 0.03% of its issued share capital) on the weighted common >buy value per share of EUR 35.2102 and for an general value of EUR 8,910,357.05.
Under is a abstract of the repurchase transactions made in the middle of the Interval in relation to the extraordinary shares of STM, in an in depth type.
Transactions in Interval
| Dates of transaction | Variety of shares bought | Weighted common buy value per share (EUR) | Whole quantity paid (EUR) | Market on which the shares have been purchased (MIC code) |
| 05-Sep-22 | 42,714 | 34.5223 | 1,474,585.52 | XPAR |
| 06-Sep-22 | 66,261 | 34.8329 | 2,308,062.79 | XPAR |
| 07-Sep-22 | 53,340 | 34.8382 | 1,858,269.59 | XPAR |
| 08-Sep-22 | 61,440 | 35.6942 | 2,193,051.65 | XPAR |
| 09-Sep-22 | 29,307 | 36.7280 | 1,076,387.50 | XPAR |
| Whole for Interval | 253,062 | 35.2102 | 8,910,357.05 |
Following the share buybacks detailed above, the Firm holds in complete 4,589,337 treasury shares, which represents roughly 0.5% of the Firm’s issued share capital.
In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Fee Delegated Regulation (EU) 2016/1052, a full breakdown of the person trades within the Program are disclosed on the ST web site buyers.st.com/buyback-program
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